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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (3727)10/7/1998 10:04:00 PM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
That silly lady sure saved her clients a lot of money!!!

Mr. Pink



To: Peter V who wrote (3727)10/7/1998 10:08:00 PM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
messages.yahoo.com@m2.yahoo.com

All read Mr. Pink's comments on NDE...T3/F rating reiterated. Dumping ground for Countrywide credit. House of cards....Balance sheet financed with REPOS just like LONG TERM CAPTITAL. Very leveraged balance sheet....850mm in equity supporting over 8 billion in positions including debt at operating company..

Stick around for the crash....Adjusted book could be

ZERO!!!!!!

Look out below...This is a turd de la Turd.

Mr. PInk



To: Peter V who wrote (3727)10/7/1998 11:30:00 PM
From: Dr. Seuss  Respond to of 18998
 
Peter,

Makes sense, If I hadn't covered, I would have held my FP short to zero....PRU is right!

Dr. S